Bank of England readies for biggest rate rise since 1989
The Bank of England looks on track to raise interest rates by three quarters of a percentage point to 3 per cent later on Thursday, its biggest rate rise since 1989 as ...
Articles
Airbnb faces light-touch regulation under EU plan
The European Commission will propose light-touch rules for Airbnb ABNB.O and other short-term home rental companies, people familiar with the matter said.
Under the draft rules, short-term home rental ...
Uber whistleblower says current business model ‘absolutely’ unsustainable
Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work culture, but that its business ...
Israeli far-rightist vows to impose order under new Netanyahu government
A near-final tally of votes on Thursday showed former Israeli Prime Minister Benjamin Netanyahu on track to re-election with a clear parliamentary majority boosted by ultranationalists who want tougher crackdowns ...
Turkey’s inflation hits 24-year high of 85.5 per cent after rate cuts
Turkish annual inflation climbed to a new 24-year high of 85.51 per cent in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate ...
Messi on World Cup mission in ‘Last Dance’ for Argentina
Lionel Messi has won nearly 40 trophies for club and country in an illustrious career but the Argentine forward’s glittering resume has one major omission — a World Cup winner’s ...
Excited Ecuador relishing World Cup opening spotlight
Ecuador may be rank outsiders at the World Cup but their potent young team cannot wait for the world’s eyes to be on them when they face hosts Qatar ...
In Britain’s inflation crisis, healthy diets are a casualty
By Richa Naidu
Fresh vegetables and fish are falling off the menu. Packaged pizzas and processed meat are the dishes of the day.
Many British households are turning away from ...
‘Captain America’ Pulisic faces sky-high World Cup expectations
The pressure is on for “Captain America” Christian Pulisic to put on a superhero performance on his World Cup debut in Qatar, building on years of sky-high expectations from his ...
UAE non-oil sector picks up in Oct as firms hire more staff – PMI
The United Arab Emirates’ non-oil private sector picked up again in October, growing at a pace close to August’s three-year high, while employment expanded at its fastest in six ...
Israeli forces kill Palestinian in West Bank clash
Israeli forces killed a Palestinian man in the occupied West Bank on Thursday, the Palestinian Health Ministry said, during a raid that the Israeli military said elicited violent riots.
Early ...
Meta adds new tools to help content creators make money on Instagram
Meta Platforms (META.O) on Wednesday said it was adding a host of new features to Instagram, including a tool to trade digital collectibles, in a move that will help ...
England’s Chilwell a World Cup doubt after last-gasp injury
England’s Ben Chilwell pulled up in stoppage time of Chelsea’s 2-1 Champions League win over Dinamo Zagreb on Wednesday with a hamstring injury, putting his participation in the ...
Teenager Lewis grabs spotlight as Man City beat Sevilla
Manchester City teenager Rico Lewis marked his first senior start with his maiden goal for the club to spark a comeback in a 3-1 defeat of Sevilla to complete their ...
Ukrainian nuclear plant disconnected from grid by Russian shelling
Russia attacks were reported across large areas of Ukraine on Thursday, with heavy shelling in numerous regions damaging infrastructure, including power supplies to Europe’s largest nuclear power plant, Ukrainian ...
Biden warns election deniers pose threat, ‘a path to chaos’, blames Trump
President Joe Biden said that threats by some Republican candidates to refuse to accept results from the Nov. 8 elections if they lose is a threat to democracy and he blamed ...
North Korea fires ICBM in failed test, officials say; Japan residents told to shelter
North Korea fired multiple ballistic missiles on Thursday, including a possible failed intercontinental ballistic missile (ICBM) that triggered an alert for residents in parts of central and northern Japan to ...
Ukraine grain export deal resumes days after Russia suspends involvement (wrapup)
Russia has said it would resume its participation in a deal freeing up grain exports from Ukraine, reversing a decision that world leaders warned would increase hunger globally.
Russia, whose ...
AMD shares rise as chipmaker sees data center strength cushioning PC slowdown
Chipmaker Advanced Micro Devices Inc (AMD.O) snatched more share in the lucrative data centre market from rival Intel Corp (INTC.O) in the third quarter, drawing praise from analysts ...
Microsoft’s president warns of talent shortage for tackling climate change
Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability, Microsoft Corp’s (MSFT.O) President Brad Smith told Reuters.
Speaking ...
Medical companies working on oxygen monitors reliable for all races
Medical device makers and scientists are working on new technologies to improve widely-used devices that assess potential heart and respiratory problems given mounting evidence that current ones could lead to ...
Grocery retailer Pick n Pay to start accepting cryptocurrency payments
One of South Africa’s largest grocery retailers Pick n Pay (PIKJ.J) is expanding a pilot of adding cryptocurrency as a payment option to more stores after the successful ...
CVS, Walmart, Walgreens agree to pay $13.8 bln to settle US opioid claims
CVS Health Corp CVS.N, Walgreens Boots Alliance Inc WBA.O and Walmart Inc WMT.N agreed to pay about $13.8 billion to resolve thousands of U.S. state and local ...
Florida school mass shooter sentenced to life in prison
Nikolas Cruz, who murdered 17 students and staff with a semi-automatic rifle at a Florida high school, was formally sentenced to life in prison on Wednesday.
A jury voted last month ...